Saudis Try to Stop the Oil Slide

The video discusses recent volatility in the oil market, focusing on Brent crude and Saudi Arabia's role in stabilizing prices. It explores market dynamics, including contango and speculative positions, and analyzes investment strategies in oil equities and sectors. The impact of regulatory changes on MLPs and the market is also covered, with insights into future oil price trends.

What action did Saudi Arabia take to address the volatility in the Brent oil market?

• Increased oil production

• Limited oil exports to match demand

• Flooded the market with oil

• Stopped oil exports completely

What does a contango market indicate in terms of oil pricing?

• Prices are unpredictable

• Prices are stable across all months

• Current month prices are lower than future months

• Current month prices are higher than future months

Which year had oil inventories at a similar low level as predicted for the end of this year?

• 2018

• 2016

• 2013

• 2010

What is the expected trend for international oilfield spending in 2019?

• Decrease significantly

• Remain the same

• Increase massively

• Decrease slightly

Which sector is considered interesting due to its exposure to natural gas differentials?

• US midstream

• Canadian upstream

• European downstream

• Asian refining

What was the impact of the Federal Energy Regulatory Commission's decision on MLPs?

• Led to a decrease in oil prices

• Provided market encouragement

• Caused a market tailspin

• Increased tax rates

What oil price range is being envisioned with the current market conditions?

• 70 to 80

• 90 to 100

• 50 to 60

• 30 to 40